Claims Pages
claimspages
Restoration Association Of Florida Sues To Block Law Targeting Contractors

Restoration Association Of Florida Sues To Block Law Targeting Contractors

The Restoration Association of Florida (RAF) on Tuesday filed a lawsuit in a Leon County Circuit Court claiming that a new law approved by the Florida Legislature last week unconstitutionally singles out home repair contractors rather than targeting the rudimentary catalysts causing Florida’s homeowner’s insurance crisis.
June 1, 2022 Litigation Property Florida

Tornado Shreds At Least 75 Homes In Small Minnesota Town

Tornado Shreds At Least 75 Homes In Small Minnesota Town

A tornado tore through the small west-central Minnesota town of Forada on Monday, leaving a trail of damaged homes and downed trees.
May 31, 2022 Auto Property Minnesota

The Way To Address Climate Change

The Way To Address Climate Change

With the spring season known to bring the most dangerous storms and damaging tornados, the next few months are likely to see continual and damaging weather events across the U.S.

Earthquakes, storms, floods and droughts -- the number of recorded loss events resulting from natural disasters has been increasing for some years now. However, some insurers that are using more traditional risk assessment methods are finding the emerging risk landscape too unpredictable.

Climate change is one of the most pressing issues in the insurance industry today, but forward-thinking insurers have found the way to combat it: AI.
May 31, 2022 Property Risk Management Technology

Severe Convective Storms: Loss Trend Comparable To That Of Hurricanes

Severe Convective Storms: Loss Trend Comparable To That Of Hurricanes

Severe convective storms are among the most common, most damaging natural catastrophes in the United States. In 2021, they resulted in the third-costliest year on record for the U.S. insurance industry, according to Aon, and catastrophe modeling firm RMS says the average annual insured loss from such storms nearly equals that from hurricanes, at around $17 billion.
May 27, 2022 Catastrophe Property Underwriting

Millions In Damages From Gaylord Tornado, And Insurers Expect Repair Delays

Millions In Damages From Gaylord Tornado, And Insurers Expect Repair Delays

The tornado that ripped through Gaylord last week is expected to cost millions to repair -- and, insurance companies warn, some survivors will be lucky to be able to make them in the next few months.
May 26, 2022 Auto Property Michigan

First Cat Of The Year Predicted After Powerful Derecho

First Cat Of The Year Predicted After Powerful Derecho

A series of powerful thunderstorms that affected Ontario and parts of Quebec this weekend is already being billed by the industry as the first major Cat of 2022. And while industry experts anticipate a large number of insured damages, one predicts the storm may result in a lot of ‘hidden damage.’
May 25, 2022 Auto Catastrophe Property

Florida Senate Passes Property Insurance Package

Florida Senate Passes Property Insurance Package

The Florida Senate on Tuesday approved a sweeping legislative package meant to combat rising property insurance rates and other problems in the state’s turbulent insurance market, creating a $2 billion reinsurance fund and writing new rules around coverage denials and attorney fees.
May 25, 2022 Legislation & Regulation Property Florida

Uprooted Trees, Crushed Buildings After Severe Storms Across The Carolinas And Texas

Uprooted Trees, Crushed Buildings After Severe Storms Across The Carolinas And Texas

Severe storms from Texas to the Carolinas damaged homes and left thousands without power throughout the afternoon and evening hours on Monday.
May 24, 2022 Property North Carolina South Carolina Texas

NOAA: 65% Chance 2022 Hurricane Season Activity Above-Normal

NOAA: 65% Chance 2022 Hurricane Season Activity Above-Normal

The US weather service NOAA has just announced its forecast for the 2022 Atlantic hurricane season, and they are another organisation saying it is likely to see above-normal levels of tropical storm activity, with a 65% chance of an above-normal season in 2022.
May 24, 2022 Catastrophe Insurance Industry Property

At Least 40 Homes Flooded After Water Main Break

At Least 40 Homes Flooded After Water Main Break

It was a wet weekend for many people living in St. Louis Park. A water main break flooded dozens of homes on and around Minnetonka Boulevard. A bad way to wake up.
May 24, 2022 Liability Property Subrogation Minnesota

Minnesota Auto Shops Swamped With Hail Damage Repairs

Minnesota Auto Shops Swamped With Hail Damage Repairs

Thousands of Minnesotans spent Friday talking with insurance agents. Thursday’s hailstorm caused major damage to homes, cars, and boats. But getting the repairs done at the auto shop may take longer than people would hope. The hail only lasted a few minutes but left lasting damage.
May 23, 2022 Auto Property Minnesota

Florida Legislators To Focus On Roof Claims, Litigation And Reinsurance During Special Session

Florida Legislators To Focus On Roof Claims, Litigation And Reinsurance During Special Session

Heading into a special session to address the state’s troubled property-insurance market, legislative leaders said late Friday they will focus on issues such as roof-damage claims, litigation and reinsurance.
May 23, 2022 Fraud Legislation & Regulation Litigation Property Florida

Dozens Of Abilene, Texas Buildings Burned By Wildfire

Dozens Of Abilene, Texas Buildings Burned By Wildfire

High winds, drought conditions and extreme temperatures have caused a series of wildfires in Texas, including one that the authorities on Thursday said had destroyed about 30 structures and burned more than 9,000 acres.
May 20, 2022 Property Texas

Florida Insurance Commissioner Named In Lawsuit

Florida Insurance Commissioner Named In Lawsuit

Florida Insurance Commissioner David Altmaier has been named in a lawsuit which alleges that the commissioner violated the law by enabling home insurers to change consumers’ policies. The lawsuit, filed in Leon County by the Restoration Association of Florida (RAF) and home remediation contractor Air Quality Assessors, looks to reverse a recently-enacted policy change.
May 19, 2022 Legislation & Regulation Litigation Property Florida

More Than 260 New Mexico Homes Burned By Record-Breaking Wildfire

More Than 260 New Mexico Homes Burned By Record-Breaking Wildfire

A monster blaze churning in northern New Mexico for more than a month has blackened enough acreage to earn a place in the state’s record books. Aside from being the largest wildfire currently burning in the U.S., the fire moving over the Sangre de Cristo mountain range is now the largest in the arid state’s recorded history.

.
May 17, 2022 Property New Mexico
Mid-America Catastrophe ServicesAspen Claims ServiceWeller SalvageKelmar Global